User:BeeCaroline2019/Onapsis

Onapsis is a cybersecurity company headquartered in Boston, Massachusetts. Its main product is the Onapsis Platform™ (OP), a subscription-based software platform that automates cybersecurity and compliance controls for business-critical applications.

Onapsis Research Labs
The Onapsis Research Labs Experts have discovered and helped fix security vulnerabilities affecting SAP Business Suite, SAP HANA, SAP Cloud and SAP Mobile applications, as well as Oracle JD Edwards and Oracle E-Business Suite platforms.

In 2016, the Computer Emergency Readiness Team (CERT), a division of the U.S. Department of Homeland Security (DHS), issued the first alert on “Exploitation of SAP Business Applications,” based on threat intelligence uncovered by the Onapsis Research Labs that revealed that over 36 global organizations had been attacked through SAP-specific exploits.

Two years later, the same office published a new alert about “Malicious Cyber Activity Targeting ERP Applications” based on research findings of Onapsis researchers and Digital Shadows.

In 2019, the DHS-CERT raised a new alert about “New Exploits for Unsecure SAP Systems” based on research reports from Onapsis.

Products
The Onapsis cybersecurity solutions delivers vulnerability assessment, monitoring and protection of business-critical applications, keeping the business compliant and protected from inside and outside threats. The Onapsis Platform™ (OP) has patented technology and it is a SAP-certified solution. “there is no need to run individual vulnerability scans because vulnerabilities always are being sought out and monitored”. In 2017, the Onapsis product was expanded to provide support for Oracle E-Business Suite applications.

History
Onapsis was founded by Mariano Nunez, Victor Montero, and Juan Perez-Etchegoyen in 2009. It was the first company to launch an automated solution to protect business-critical applications, creating the new market of Business-Critical Application Security, as defined by Gartner.

Since 2014, Onapsis has built alliances with several companies. It has a partnership and certification from SAP and Oracle as a security provider of these technologies. In 2017 Onapsis and the Cloud Security Alliance established an Enterprise Resource Planning (ERP) Security Working Group to securely migrate business-critical SAP and Oracle applications to the cloud. This group develops best practices that can enable organizations to securely migrate these applications to the cloud environment and allow business applications to remain secure and compliant while operating in the cloud.

Acquisitions
Onapsis announced in 2019 the acquisition of the German firm Virtual Forge, which provides solutions to automatically prevent, detect, and remediate cybersecurity and compliance risks in SAP® applications.

Funding
In 2012, the company raised its first round of investment and relocated its headquarters from Buenos Aires to Boston. Current institutional investors include .406 Ventures, Evolution Equity Partners, LLR Partners, Schlumberger, Endeavor Catalyst and Arsenal. In April 2018, Onapsis raised its Series C round of funding of $31 million led by LLR Partners.